Bank of Montreal priced US$768,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes due June 25, 2029, linked to the least performing of the NASDAQ-100, Russell 2000 and Dow Jones Industrial Average. The notes pay scheduled Call Amounts ($147.50, $295.00, $442.50 per $1,000) on observation dates if each reference asset is at or above its Call Level, otherwise payoff at maturity depends on the Least Performing Reference Asset and a 70.00% Trigger Level. Pricing Date was June 22, 2026, Settlement Date June 25, 2026, Valuation Date June 20, 2029. Estimated initial value on the pricing date was $961.60 per $1,000 in principal. The public offering price was 100% of principal; agent’s commission was 2.50% (aggregate $19,200), proceeds to issuer $748,800.
Bank of Montreal is offering market-linked, auto-callable securities due July 3, 2029 linked to the lowest performing common stock of Amazon.com, Inc., NVIDIA Corporation and Oracle Corporation. The original offering price and face amount are $1,000 per security; pricing date is June 30, 2026 and issue date is July 6, 2026.
The notes pay monthly contingent coupons (the contingent coupon rate will be at least 21.85% per annum) only if the lowest performing underlier meets its coupon threshold on a calculation day; unpaid coupons carry forward (memory) but are not paid if the lowest performing underlier never recovers. If an automatic call condition is met on a calculation day, holders receive face amount plus accrued contingent coupons on the call settlement date.
At maturity, if not called, the payment depends on the lowest performing underlier: full face amount if its ending value is at or above the downside threshold (60% of starting value), otherwise a proportional loss (e.g., a 45% ending value yields $450). Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K: auto-callable, ETF-linked notes tied to the lowest performing of the iShares Expanded Tech-Software ETF (IGV) and the Vanguard Health Care ETF (VHT).
Terms shown: $1,000 face amount per security; original offering price $1,000; agent discount $25.75; proceeds to issuer $974.25. Estimated initial value at the preliminary date was $965.60 (will not be less than $920.00 at pricing). Key mechanics: quarterly call opportunities beginning July 6, 2027 through final calculation day July 2, 2029, a 15% buffer, and up to 85% potential loss of face at maturity if the lowest performing Underlier falls below its 85% threshold.
Bank of Montreal (BMO) priced a US$1,534,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 24, 2031. The notes pay a contingent coupon of 0.6667% per month (approximately 8.00% per annum) if each reference index is at or above its coupon barrier on monthly observation dates and are subject to automatic redemption beginning June 21, 2027 if all references are at or above their call levels.
At maturity (if not auto‑redeemed) holders receive $1,000 per $1,000 principal unless a trigger event occurs; if a Trigger Event (any reference asset 70.00% of initial level on the valuation date) has occurred, the payout equals $1,000 plus $1,000 times the percentage change of the least performing reference asset, which may be less than principal. The Pricing Date was June 18, 2026 and the estimated initial value was $947.74 per $1,000.
Bank of Montreal (BMO) priced US$1,350,000 of Senior Medium-Term Autocallable Barrier Notes, Series K, linked to the common stock of Apple Inc. (AAPL). The notes were priced on June 18, 2026, settle on June 24, 2026 and mature on June 25, 2029. Each note has an Initial Level of $298.01, a quarterly Contingent Interest Rate of 1.975% (approximately 7.90% per annum) if coupon conditions are met, and a Coupon Barrier/Trigger Level of $208.61 (70.00% of the Initial Level). Notes may be automatically redeemed if the Reference Asset closes at or above the Call Level on an Observation Date; otherwise final payment depends on the Final Level on the Valuation Date (June 20, 2029), with cash settlement only. The estimated initial value was $970.83 per $1,000 principal on the Pricing Date.
Bank of Montreal (BMO) priced US$635,000 in Senior Medium-Term Notes, Series K: Autocallable Buffer Notes with Contingent Coupons due June 25, 2029, linked to the least performing of Eli Lilly (LLY) and Novo Nordisk ADRs (NVO). The notes pay monthly contingent coupons of 1.1083% per month (approximately 13.30% per annum) if each reference asset is at or above a 65.00% coupon barrier on observation dates and may auto‑redeem on specified quarterly call observation dates beginning June 22, 2027. At maturity, if the least performing reference asset falls below a 35.00% buffer decline (i.e., below 65.00% of initial level), principal is reduced pro rata; investors could lose up to 65.00% of principal. The estimated initial value on the pricing date was $985.52 per $1,000.
Bank of Montreal priced US$1,799,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Devon Energy Corporation common stock (DVN). The notes pay a contingent coupon of 1.135% per month (about 13.62% per annum) if monthly observation-level conditions are met, begin coupon payments on July 26, 2026, and mature on July 26, 2027. The notes include an automatic redemption feature beginning on December 22, 2026, and a downside trigger at $28.22 (67.00% of the initial level). The notes are cash-settled at maturity and were issued at an estimated initial value of $977.38 per $1,000 on the pricing date.
Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of QCOM, AVGO and CIEN.
Pricing Date: June 18, 2026; Settlement Date: June 24, 2026; Valuation Date: June 20, 2029; Maturity Date: June 25, 2029. Contingent interest is 3.4375% per month (each contingent coupon = $34.375 per $1,000). The notes are autocallable beginning December 22, 2026 if each reference asset closes at or above its Call Level (100% of Initial Level). At maturity, if a Trigger Event occurs (the Least Performing Reference Asset is below its Trigger Level — 50% of Initial Level), the cash payoff equals $1,000 + $1,000 × Percentage Change of the Least Performing Reference Asset, which may be less than principal and could be zero. The estimated initial value on the Pricing Date was $970.07 per $1,000. Payment is cash only; physical delivery of shares is not available.
Bank of Montreal (BMO) priced US$325,000 aggregate principal of Senior Medium-Term Notes, Series K — Callable Buffer Notes with Contingent Coupons due June 25, 2029. The notes pay a contingent monthly coupon of 0.5833% per month (≈7.00% per annum) if each reference index on an Observation Date is at or above its Coupon Barrier Level (70% of the Initial Level). The notes are linked to the S&P 500®, NASDAQ-100® and Russell 2000®. A Buffer Percentage of 30.00% protects investors from the first 30% of a decline in the Least Performing Reference Asset; if the Least Performing Reference Asset declines by more than 30.00%, investors suffer losses proportionate to the excess decline (up to 70.00% of principal). The public offering price was 100% of principal (range for certain accounts: $992.50–$1,000 per $1,000). The estimated initial value on the Pricing Date was $976.17 per $1,000. The issuer may call the notes beginning on June 22, 2027, on Observation Dates; if called, investors receive principal plus any contingent coupon due on the Call Settlement Date.
Bank of Montreal priced US$934,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes due June 24, 2030. The notes pay a contingent coupon of 0.5833% per month (approximately 7.00% per annum) when each reference index is at or above its coupon barrier on observation dates. The notes reference the S&P 500® and the Dow Jones Industrial Average®; their Coupon and Trigger Levels are 60.00% of each index's Initial Level (SPX: 4,500.35; INDU: 30,938.82). If, at the Valuation Date, the Final Level of the Least Performing Reference Asset is below its Trigger Level, principal at maturity is reduced by the Percentage Change of that asset. The document states an estimated initial value of $984.67 per $1,000 on the Pricing Date and discloses distribution terms, commissions, and jurisdictional sale restrictions.